Fyle – is the next-generation spend management platform for enterprises. Fyle links email, consumer apps and other platforms to simplify the recording, sharing and processing of expenses and invoices within an organization.

Fyle – Founder, Co-founder, Company Profile, Key People, Tech Stack, Funding, Competition and Job Opening

Table of Content
1. Co-Founder
2. Company Profile
3. Tech Stack
4. Funding
5. Key People
6. Competition
7. Current Job Openings

Fyle – Co Founder & CTO

“Punching in travel bills was a painful process. I just wanted to solve it”.  Sivaramakrishnan Narayanan is a person who wished to create a change. He saw an opportunity in spend management, left the safety of a job, and pursued his dream of starting up. When his personal pain point became his entrepreneurial idea, Fyle – Intelligent Expense Management Softwaretook wings. 

Let us read through his inspiring journey on building his dream and being successful! READ MORE

Fyle – Company Profile

Fyle – With Fyle, users can capture their spend data the moment they complete the transaction with a single click. We use Machine Learning algorithms to make the invoices readable, searchable and processable and to flag suspicious ones. Fyle incorporates enterprise workflows to ensure that the expenses are approved by the right people in the organization and pushed to payment and accounting automatically.

Fyle – Tech Stack

We use –

  • HTML5
  • Angular and AngularJS
  • Ionic
  • Amazon Web Services
  • Kubernetes
  • PostgreSQL DB
  • RabbitMQ
  • Python
  • Flask and Django

Fyle – Funding

Total raised investment stands at $10.6M

Feb 2017 – Seed Funding – $ 400k

  1. Pravega Ventures
  2. Beenext

Angel Investors

  1. Joydeep Sen Sharma
  2. Phanindra Sama
  3. Kedar Gavane
  4. Richa Kar
  5. Sravish Sridhar
  6. Ambrish Tyagi

 August 2017 – Grant – Undisclosed

Karnataka Startup Cell

April 2018 – Total Funding – $1.1Mn

  1. Pravega Ventures
  2. Beenext
  3. Freshworks

March 2019 – Total Funding Amount – $4.2Mn

  1. Tiger Global Management
  2. Beenext
  3. Pravega Ventures
  4. Freshworks

October 2019 – Total funding Amount – $4.5Mn

  1. Steadview Capital
  2. Tiger Global Management
  3. Freshworks
  4. Pravega Ventures

Fyle – Key People

Sivaramakrishnan Narayanan, Co-Founder & CTOLinkedInTwitter
Yashwanth Madhusudan, Co-Founder and CEOLinkedIn

Fyle – Competition

CompanyTotal funding raised
California, USA
INR 1.1B
SAP Concur
Washington, USA
$291.8 M
California, USA

Other details –

Industry/ VerticalComputer Software
FoundedFeb 16, 2016
ServiceBusiness Information Systems, Business Travel
Headquarters2035 Sunset Lake Rd, Suite B-2, Newark, Delaware 19702, US
Area servedWorldWide
Number of employees51-100

Fyle – Current Job Openings

  1. SMB/ Mid Market Sales Account Executive
  2. Member Of Technical Staff-2 (Frontend)
  3. Partner Business Development Representative

Fact check by: Sivaramakrishnan Narayanan , Fyle

This page was created on 13th January 2022, at 17:00 (IST)

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